Stephen, love the post. I was considering to convert that exact plane myself and am right now looking on E-bay for motors and speed controlers. I think this is the body you are looking for?
http://www.globalhobby.com/public/gallery/120831.asp
I don't know anything about brushless etc since I converted, but i am trying to build up something I can fly at the park down the street. I was thinking about the ME-109 as well. I just want to turn and burn!!!